Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-04-13
PERFECTED LEGISLATION
Bills Passed by the Twentieth Legis-
Iature OF the State of Texas at
the Regular Session, 1887.
FOREIGN CORPORATIONS.

Section l. Be it enacted by the Legisla-
ture of the state of Texas: That hereafter
any corporation for pecunjary profit Or
ganized under the laws of any other state
or of any territory of the United States,
or of anyifOreign country, desiring to
transact business IN this state, shall be
and is hereby required, on and after Sep
TENDER l, 1887, to file with the Secretary
of State a certified copy Of its articles OF
incorporation, duly attested, accompanied
by q resolution Of its board Of directors
or stockholders authorizing the fling
thereof, and also authorizing service Of
process to be inside upon any of its Off
GERS or agents in this state engaged in
transactiDg its business, snd requesting
the issuance to such corporation Of q
permit TO transact business in this state,
said application to contain stipulation
that said permit shall be subject 10 each
OF the provisions Of this act. And there
upon the Secretary OF State shall issue 70
such corporation permit in such form
as he may prescribe for the general trans
action of the business of such corpora
ton, and upon the receipt OF such permit
such corporation shall BE permitted and
authorized to Gerry on its business IN this
state.
Sec.i2. No foreign COrpOrationiwhich has
not in good faith complied with the pro
visions of this act and taken out per-
nit shall hereafter be authorized to eXer-
else the power of eminent domain, or
exercise any of the rights and privileges
conferred upon corporations until they
have complied herewith and taken out
such permit.
Sec. 3. Any foreign corporation sued or
cslr, & =; ,r,+o Er
upon any contract made or executed in
this state, or to be performed in this
state, or for any act or omission, public
or private, arising, originating or happen
ing in the state, who shall remove any
such cause from such state court into any
of the federal courts held or sitting in
this state, for the cause that such COrpO-
ration is 8 nonresident of this state or q
resident of smother state than that of the
adverse party, or of local prejudice
against such corporation, shall
thereupOn forfeit and render
null and void any permit issued or
granted to such corporation to transact
business in this state, such forfeiture to
be determined from the record of re
mOvsl, and shall date from the date of
the fling OF the application on which such
removal is effected or sought to be effect
ed. And whenever any corporation shall
thus forfeit its said permit no new permit
shall be issued TO said corporation for the
space of six months thereafter.
Sec. 4. Any foreign corporation that
shall carry on its business and trsns8CttAe
same on and after September |, 1887, in
the state of Texas by It's officers, agents
or otherwise, without having complied
with the statute and taken out and hay-
ing & valid permit, shall forfeit and pay
to the state, for each and every day in
which such business is transacted and
carried on, the sum Of 800, to be recOv-
cred by suit in any court having jurisdic-
ton. And any agent, officer or employe
who shall knowingly act or transact such
business for such corporation when it has
no valid permit, as provided herein, shall
be guilty Of misdemesnOr, and for each
offence shall be fined rot to exceed 500
or Imprisonment in the county Jail pot TO
exceed thirty days. Approved April 2.